AIA Sri Lanka has been recognised as Sri Lanka’s Best Life Insurance Company in 2019, by the internationally acclaimed Global Banking and Finance Review.
This recognition followed a detailed assessment of key performance indicators by the UK-based media powerhouse that analyses the financial industry and the global economy.
The award is testimony to the significant contribution made by AIA Sri Lanka to the life insurance industry in terms of outstanding products and services, enhancing customer experience and serving local communities.
AIA Sri Lanka has always remained strong and maintained financial strength and stability.
The recent COVID19 pandemic proved that AIA Sri Lanka has indeed been built strong and built to last, a media release revealed.
With the highest Capital Adequacy Ratio (CAR) in Sri Lanka’s life insurance industry (of more than 600% and 5 times the required CAR by the regulator), AIA Sri Lanka has an unmatched ability to absorb risks and withstand crisis, it said.
This is supported by the company’s prudent investment strategy and high quality of investments.
AIA Sri Lanka’s focus is always on delighting the customer. With a track-record of paying better than promised policyholder dividends for the past 30 years, the company is constantly evolving to meet customer expectations.
The company’s pioneering digitalisation efforts and focus on ease-of-doing business has strengthened its reputation of being a truly customer focused insurer.